Business
Egypt trade minister says wheat stocks adequate
January 18, 2011
Egypt trade minister says wheat stocks adequate
Sharm el-Sheikh--Egyptian Trade Minister Rachid Mohamed Rachid said on Tuesday that Egypt had adequate wheat stocks and had not changed…
Egypt govt mulls raising workers’ incentives in bid to thwart labor strikes
January 18, 2011
Egypt govt mulls raising workers’ incentives in bid to thwart labor strikes
The Egyptian government is considering a proposal to increase financial incentives offered to workers, especially those in the public sector,…
Egypt shares post biggest loss since May on Tunisia
January 18, 2011
Egypt shares post biggest loss since May on Tunisia
Egypt's main index EGX30 posts its biggest decline since May 25, driven down by foreign investors concerned the political chaos…
Wind’s Sawiris sees Vimpelcom deal going through
January 18, 2011
Wind’s Sawiris sees Vimpelcom deal going through
Sharm el-Sheikh--Russian operator Vimpelcom's deal to buy telecoms assets from Egyptian billionaire Naguib Sawiris has "a very big chance" of…
Brazilian consumers most optimistic, Egyptians least
January 17, 2011
Brazilian consumers most optimistic, Egyptians least
London--More than a third of people in the major developing economies expect their finances to improve in the next six…
Arab League: 25 million Arabs are unemployed
January 17, 2011
Arab League: 25 million Arabs are unemployed
A survey by the Arab League’s Young Arabs Forum said 65 percent of the sample believed that unemployment was the…
Parliament requests explanation for rise in number of govt employees
January 17, 2011
Parliament requests explanation for rise in number of govt employees
Parliament’s planning and budget committee asked the government this week
Tunisia unrest hits Egypt stocks, currency, debt
January 17, 2011
Tunisia unrest hits Egypt stocks, currency, debt
Egyptian stocks posted their biggest drop in seven months and the pound dipped to its weakest against the dollar in…
Egyptian tourism income increases by 15.8%
January 17, 2011
Egyptian tourism income increases by 15.8%
Government statistics from between January and September 2010 show an increase in rates of inbound tourism, nights spent at hotels,…
Tender for Egypt’s first nuclear reactor postponed
January 17, 2011
Tender for Egypt’s first nuclear reactor postponed
The tender for Egypt's first nuclear station has been postponed for two weeks, Minister of Electricity and Energy Hassan Younis…